conker port 1700

Our work - 28/12/2018

Conker Portfolio: portfolio of 171 apartments sold for £24.4m

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We sold this portfolio, comprising four modern residential investment properties providing a total of 171 apartments in Manchester, Birmingham and Nottingham, on behalf of Vista UK Residential Investment.  The portfolio generated a huge amount of interest from a range of parties at a time when the PRS sector was emerging and income producing stock  limited. We took advantage of this to achieve a price 20% above valuation at £24.435m, a gross yield of 6.08% and net yield of 5.60%.

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